TSX falls on weak economic data
While the TSX Composite Index was down 68 points to 11,524.90 for the June 11 to 15 period it could have been much worse.
First Uranium Corporation
TSX gains on global story
The TSX Composite Index partook in a global rally spurred on by the prospect of more growth in China as the Index gained 153 points for the June 4-8 period to finish at 11,500.63. China cut interest rates for the first time in four years which…
First Uranium to sell its South African assets
First Uranium (FIU-T) says it will sell chief assets — the Mine Waste Solutions (MWS) tailings recovery project and the Ezulwini gold-uranium mine, both in South Africa — for US$405 million as the underperforming junior…
First Uranium to reduce its workforce by half at Ezulwini
First Uranium (FIU-T) says it may cut up to 1,850 jobs at the Ezulwini gold-uranium mine in South Africa because it cannot sustain production levels.
First Uranium to slash its workforce by half at Ezulwini
First Uranium (FIU-T) says it may cut up to 1,850 jobs at the Ezulwini gold-uranium mine in South Africa because it has not been able to sustain production levels.
AngloGold’s move lifts First Uranium
AngloGold Ashanti (AU-N) clearly likes the discounted price of uranium plays, and its confidence in one producer is reverberating through the market.
TSX grows as investors anticipate strong earnings
With earnings season right around the corner the TSX Composite Index was up 203 points to 13,494.63 for the July 18-22 period. The move came as investors anticipated solid numbers from the resource sector thanks to strong commodity prices…
AngloGold move lifts First Uranium
AngloGold Ashanti (AU-N) clearly likes the discounted price on uranium plays and its confidence in one producer is reverberating through the market. The gold producing senior miner is taking a significant position in Toronto-based First Uranium…
First Uranium lowers value of operations (May 03, 2010)
VANCOUVER — First Uranium (FIU-T, FUM-J) has been forced to significantly drop the estimated value of its South African gold-uranium operations after cost escalations and permitting issues.
First Uranium raising $150M in convertible notes (April 05, 2010)
First Uranium (FIU-T) is on its way to raising some desperately needed capital that will allow it to build a third gold plant for its Mine Waste Solutions project 160 km north of Johannesburg, South A…
First Uranium lowers value of operations (March 25, 2010)
Vancouver – First Uranium (FIU-T) has been forced to significantly adjust the estimated value of its South Afr…
First Uranium raising $150M in convertible notes (March 12, 2010)
First Uranium (FIU-T) is on its way to raising some desperately needed capital that will allow it to construct…